865 Capitol Boulevard, Corydon, IN, 47112 | $911/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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865 Capitol Boulevard, Corydon, IN, 47112 | $911/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Corydon at 865 Capitol Boulevard, Corydon, IN, 47112 offers a 9.94% rental yield on a $399,900 purchase with $3,311/mo rent. Total monthly income registers $3,311/mo, and a $1,957/mo payment leaves $911/mo available for distribution. Annual cash flow reaches $10,929/yr on $132,567 to close, and return on cash invested stands at 28.15% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 146.8% and total cumulative return in cash at $194,612. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,311/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2021

0.62 Acres lot

$N/A/sqft

No HOA

More details about the property

Dont miss this incredible opportunity to own a stunning newer-construction home just under a mile from the highly anticipated Rice Island Park and the vibrant, growing downtown Corydon! This spacious 4-bedroom, 3-bathroom home offers an ideal blend of modern finishes and functional living spaces. Step inside to discover an open-concept layout featuring a sprawling living room and kitchenperfect for everyday living and entertaining. The primary suite is a true retreat with a luxurious clawfoot tub, beautifully tiled walk-in shower, double vanity, and a spacious walk-in closet. Natural light fills the home, enhancing its inviting atmosphere and tall ceilings throughout. The walkout basement adds valuable living space with a massive 29x21 family room that includes a built-in barideal for game nights, gatherings, or a cozy media room. Outside, enjoy your morning coffee or evening unwind on the large deck or expansive patio. Situated on a desirable corner lot, this home also includes a radon mitigation system for peace of mind. This one checks all the boxes dont wait to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47112, Corydon, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,518 (100%)
Owner Occupied HU	5,454 (72.5%)
Renter Occupied HU	1,630 (21.7%)
Vacant Housing Units	434 ( 5.8%)
Median Home Value	$258,075
Average Home Value	$277,533